* Performance improvement plan working albeit at a snails pace
* No "large" cash cow coming soon from NIHL cases (if ever!)
* WTG escrow claim of 50mil will take several years to settle
* Class Action will take several years to settle
* Just enough cash to maintain liquidity
So,
* No big cash build up in FY17 to make any significant dent in Loans
* Re-financing of loans on the cards in FY18 i.e. performance improvement seem to be geared towards being able to re-finance (or perhaps dual listing)
i.e.
* No MAGIC BULLET
Half year results will be interesting to see if what was implied regarding Q1 performance is correct.
So, SGH share prices IMHO will be going sideways for a while and can't see any significant value creation until FY18 H1 results.
Just my opinion.
SGH Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held